Use the Salary/Wages Pay Component type to create either 'Base Salary' (for Salary Type employees) or 'Normal Time' (for Wages type employees). The table below explains the differences and recommended settings for each field depending on whether the employee is paid Salary or Wages.
Note: The Current Tick box function is specific to the Salary/Wages pay component type record. You cannot have more than 1 Current Salary/Wages Employee Pay Component (EPC) setup.
When you are creating a Salary/Wages EPC and there is already a current EPC set up, as long as the Sub Type Code is the same, the system will automatically populate an End Date on the old EPC record based on the date prior to the Start Date on your new EPC and also untick the Current box on the old EPC.
Salary/Wage Setup Guide
| Field | Description | Salary setting | Wages setting |
|---|---|---|---|
| Pay Component Type | Defaults depending on the button selected on the employee record | Salary/Wages | Salary/Wages |
| Pay Component Sub Type | Select either Base Salary or Normal Time depending on whether the employee is paid Salary or Wages | Base Salary - will not be able to change hours on the pay run |
Normal Time - will be able to change hours on the pay run |
| Description | Defaults from pay component sub type | Base Salary | Normal Time |
| Frequency | How often are they paid this? Usually the same as the pay frequency | Monthly | Weekly |
| UOM | Defaults to Year for salaries or Hour for wages | Year | Hour |
| Quantity | if you enter 0 you will need to enter the number of hours during the pay run. This is dependent on the number of Ordinary Hrs Per Week is set on the employee record. For Salaried employees, this will be 1 | 1 | 16 |
|
Rate |
Either Annual salary excluding Superannuation or hourly rate | $80,000 - annual salary | $50.00 - hourly rate |
| Amount | Quantity * Rate | $80,000 | $800 |
| Amount Per Period | Calculated as Amount / Number of Periods | $6,666.66 |
$800 |
| Start Date | Start date that this pay component becomes valid | 01/07/16 | 01/07/16 |
| End Date | Leave blank unless you want to force this rate to end on a specific date | ||
| Variable | Unmarked | Unmarked | Unmarked |
| P&L Account | Usually the relevant Salaries & Wages account or further break down if required. | Salaries | Wages |
| Department | Enter if required. Will default from the Employee record. | ||
| Class | Enter if required. Will default from the Employee record. | ||
| Location | Enter if required. Will default from the Employee record. | ||
| FBT Record | Available if pay component sub type is Salary Sacrifice-Fringe Benefit | ||
| Range Amount | |||
| Reference | |||
| Next Pay Date | If the pay component is paid on a different schedule to their normal pay run (eg quarterly) then enter the next time it should be paid. | ||
| Current | Marked | Marked | Marked |
| Customer/Project | Enter if required | ||
| Loading Type | |||
| Loading Rate |
To add another Pay Component, go back to step 11. Add Pay Components.
Or, move onto step 12. Finish Up.